Josh Welle answers a question at this Jackson ‘Town Hall’ in August with the assistance of a flash card

Josh Welle wanted to hit pay dirt with the technology company, Severn Pacific Inc, he started in the 2015. He told his supporters at a campaign rally in Neptune (advertised as a Town Hall) on Wednesday night that he planned to be CEO of the the next facebook when the launched the company.

But PAY DIRT, a weekly newsletter by the the Daily Beast’s Lachlan Markay, blasted Welle’s duplicity and incompetence to its readers on Thursday.

Josh Welle is in a tough spot politically. At worst, he misled congressional ethics officials about a business of his that just resolved a six-figure tax-delinquency bill. At best, he set up the firm lacking a basic understanding of how to manage it.

The Daily Beast is hardly an “ultra-right wing” publication like Welle called MMM. Prior to this story, the only thing the Daily Beast and MMM agreed on is that Oliva Nuzzi is a great writer.

During a candidates forum last February while competing for the Democrat nomination to challenge Congressman Chris Smith, Josh Welle told Democrat activists that his company, Severn Pacific, Inc., doing business as Crossdeck, was dissolved in the spring of 2017.

But an officer of Harvard Business Services, Severn Pacific’s Delaware business agent told Patch that Welle’s company submitted an address change on March 3, 2017 . The company, which Welle was the CEO of, then ignored multiple notices from HBS to pay its 2017 taxes. The company was finally dissolved last week, after MMM reported the $130,000 past due taxes.

Agent disputes Welle campaign’s excuse

Welle the Weasel attacks MMM owner Art Gallagher

Josh Welle declined to answer MMM’s questions about his company, Severn Pacific Inc, when we got him on the phone this morning and again when we met him in Red Bank this afternoon. However, his company issued a statement to NewJerseyGlobe which blamed the company’s external business agent, Harvard Business Services of Lewes, Delaware, for failing to dissolve the company during the summer of 2017.

During a candidates’ forum in February, while he was competing for the Democrat nomination for Congress in CD-4, Welle told the Democrat activists present that his company was dissolved and that no one owns it.